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The Welfare Impact of Price Changes on Household Welfare and Inequality 1999-2010
Loughrey, Jason; O'Donoghue, Cathal - Institute for the Study of Labor (IZA) - 2011
This paper provides a single welfare measure to show the effects of consumer price changes upon households in Ireland … component using the Atkinson Social Welfare Function. The efficiency component includes the behavioural response to price … position of the household in the income distribution and that behavioural response can potentially improve the welfare position …
Persistent link: https://www.econbiz.de/10009024603
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The welfare impact of price changes on household welfare and inequality 1999-2010
Loughrey, Jason; O'Donoghue, Cathal - 2011
This paper provides a single welfare measure to show the effects of consumer price changes upon households in Ireland … component using the Atkinson Social Welfare Function. The efficiency component includes the behavioural response to price … position of the household in the income distribution and that behavioural response can potentially improve the welfare position …
Persistent link: https://www.econbiz.de/10010278686
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The role of real wage rigidity and labor market frictions for unemployment and inflation dynamics
Christoffel, Kai; Linzert, Tobias - 2005
In this paper we incorporate a labor market with matching frictions and wage rigidities into the New Keynesian business cycle model. In particular, we analyze the effect of a monetary policy shock and investigate how labor market frictions affect the transmission process of monetary policy. The...
Persistent link: https://www.econbiz.de/10010267287
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Regional Price Differences in Urban China 1986-2001: Estimation and Implication
Gong, Cathy Honge; Meng, Xin - Institute for the Study of Labor (IZA) - 2008
in urban China over the period 1986 to 2001. Spatial Price Index (SPI) is normally calculated using the Basket Cost … those obtained from the Basket Cost method. Further, regional price variations in urban China increased significantly during …Despite the intensive efforts made by economists to examine regional income inequality in China, limited attention has …
Persistent link: https://www.econbiz.de/10005822212
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Trust and Compliance to Public Health Policies in Times of COVID-19
Bargain, Olivier; Aminjonov, Ulugbek - 2020
While degraded trust and cohesion within a country are often shown to have large socioeconomic impacts, they can also have dramatic consequences when compliance is required for collective survival. We illustrate this point in the context of the COVID-19 crisis. Policy responses all over the...
Persistent link: https://www.econbiz.de/10012269883
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Between a Rock and a Hard Place: Poverty and COVID-19 in Developing Countries
Bargain, Olivier; Aminjonov, Ulugbek - 2020
In March 2020, shelter-in-place and social-distancing policies have been enforced or recommended all over the world to fight the COVID-19 pandemic. However, strict containment is hardly achievable in low-income countries, as large parts of population are forced to continue income-generating...
Persistent link: https://www.econbiz.de/10012269975
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Technological Advance, Social Fragmentation and Welfare
Bosworth, Steven J.; Snower, Dennis J. - 2021
This paper models the welfare consequences of social fragmentation arising from technological advance. We start from the premise that technological progress falls primarily on market-traded commodities rather than prosocial relationships, since the latter intrinsically require the expenditure of...
Persistent link: https://www.econbiz.de/10012497943
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Information Frictions among Firms and Households
Link, Sebastian; Peichl, Andreas; Roth, Christopher; … - 2022
We survey samples of German firms and households to document novel stylized facts about the extent of information frictions among the two groups. First, firms' expectations about macroeconomic variables are closer to expert forecasts and less dispersed than households', consistent with higher...
Persistent link: https://www.econbiz.de/10013177731
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Recession Experiences during Early Adulthood Shape Prosocial Attitudes Later in Life
Bietenbeck, Jan; Sunde, Uwe; Thiemann, Petra - 2023
This paper explores whether the experience of a severe recession during early adulthood shapes individuals' prosocial attitudes. The analysis uses survey responses to experimentally validated questions that measure prosocial attitudes for approximately 65,000 respondents in 75 countries. The...
Persistent link: https://www.econbiz.de/10014469707
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The Ukrainian Longitudinal Monitoring Survey: Towards a better understanding of labor markets in transition
Lehmann, Hartmut; Muravyev, Alexander; Zimmermann, Klaus F. - 2012
The paper presents the Ukrainian Longitudinal Monitoring Survey (ULMS), which is one of the most widely used household …
Persistent link: https://www.econbiz.de/10010291429